True/False
In an export\import transaction requiring a letter of credit (L\C),the exporter's (seller's)bank can be known as the "advising" bank,the "confirming" bank,or both.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Which set of documents generally represents the
Q39: The so-called "China triangle" includes:<br>A)Hong Kong,Republic of
Q40: Paris is widely regarded as the design
Q41: _ is the most important aspect of
Q42: How can restrictive administrative and technical regulations
Q44: A nontariff barrier (NTB)includes all of the
Q45: In general,the greater the distance between the
Q46: Direct representation,as opposed to representation by independent
Q47: The sale of merchandise in export markets
Q48: A company that assigns a sufficiently high